Liquidity is under extreme pressure as evidenced by a $11.0M outflow in working capital during 2026Q3 and a negative free cash flow margin of -15.9%.
| Metric | TTM | Jun'25 | Jun'24 | Jun'23 | Jun'22 | Jun'21 | Jun'20 | Jun'19 | Jun'18 | Jun'17 | Jun'16 | Jun'15 | Jun'14 | Jun'13 | Jun'12 | Jun'11 | Jun'10 | Jun'09 | Jun'08 | Jun'07 | Jun'06 |
|---|
| Cash from Operations | -27.69M | -2.69M | -4.41M | -33.64M | 5.92M | -4.15M | -3.9M | -4.27M | -1.81M | 2.99M | -121.05K | -1.8M | -1.24M | -4.36M | -355.67K | -926.9K | -1.02M | -1.72M | 736.35K | 865.06K | 719.09K |
| Operating CF Margin % | - | -148.5% | -140.55% | -741.25% | 148.38% | -80.57% | -59.62% | -10.23% | -7.84% | 26.17% | -1.66% | -15.88% | -10.67% | -25.17% | -1.05% | -2.81% | -3.8% | -9.39% | 4.88% | 8.57% | 8.06% |
| Operating CF Growth % | -112477.23% | 38.92% | 86.9% | -668.49% | 242.6% | -6.51% | 8.81% | -136.39% | -160.36% | 2574.04% | 93.27% | -44.72% | 71.51% | -1126.32% | 61.63% | 9.2% | 40.7% | -333.76% | -14.88% | 20.3% | - |
| Net Income | -6.58M | -3.31M | -5.47M | -23.1M | -28.93M | -6.77M | -17.93M | -7.01M | 523.11K | 3.6M | -2.3M | 643.92K | 434.49K | -2.58M | -2.81M | -1.25M | -1.3M | -1.68M | 133.69K | 1.04M | 529.84K |
| Depreciation & Amortization | 0 | 48.87K | 132.19K | 164.35K | 533.64K | 432.94K | 402.29K | 130.92K | 94.92K | 49.37K | 59.51K | 165.09K | 155.66K | 198.82K | 244.18K | 248.21K | 217K | 250.45K | 170.1K | 90.6K | 31.64K |
| Stock-Based Compensation | 0 | 0 | 0 | 329.78K | 10.06M | 0 | 1.58M | 2.27M | 1.03M | 710.04K | 349.8K | 516.15K | 3.88K | 139.62K | 195.47K | 195.47K | 0 | 0 | 0 | 0 | 0 |
| Deferred Taxes | 0 | 0 | 0 | -17.41K | 0 | 0 | 0 | 634.5K | 114.9K | -749.4K | 280.6K | -116.7K | -50.45K | 413.9K | -150K | -105K | 95K | -359K | 0 | 0 | 0 |
| Other Non-Cash Items | -225.04K | 648.39K | 175.58K | 3.26M | 9.73M | 585.38K | 15.39M | 4.4M | 2.36M | 91.28K | 1.46M | 16.57K | -710.71K | 655K | 352.11K | 127.26K | 346.65K | 962.46K | 439.76K | -302.71K | 170.89K |
| Working Capital Changes | -20.87M | -75.42K | 755.31K | -14.28M | 14.52M | 1.6M | -3.34M | -4.7M | -5.93M | -599.87K | 25.99K | -3.02M | -1.54M | -3.05M | 1.82M | -139.1K | -637.24K | -121.39K | -7.2K | 36.65K | -13.28K |
| Change in Receivables | 342.17K | -156.96K | 153.43K | 28.36K | -39.67K | -84.76K | -3.93M | -2.55M | -7.42M | -260.17K | 616.28K | -2.63M | 201.16K | 127.93K | -2.1M | -26K | 659.14K | -2.4M | -941.04K | -609.94K | 573 |
| Change in Inventory | -19.36M | 292.84K | 133.43K | -7.41M | 543.32K | 1.21M | 0 | 918.43K | -1.14M | -340.21K | -286.36K | -695.14K | -1.01M | 653.83K | 0 | 486.64K | -1.48M | 580.11K | 834.53K | 0 | 0 |
| Change in Payables | -592.38K | 62.7K | 57.78K | -10.95K | 24.97K | 73.17K | -80.42K | -2.71M | 3.06M | -272.47K | -202.1K | 292.83K | -230.75K | -4.25M | 4.55M | -568.72K | 458.17K | 1.97M | 191.5K | 0 | 0 |
| Cash from Investing | 108.33K | 0 | 75.58K | -2.23M | -3.58M | -6.04M | -1.36K | -143.49K | -2.45M | -62.41K | 294.38K | 593.93K | -1.36M | -50.93K | -42.68K | -41.13K | -331.64K | -225.55K | 478.31K | -911.52K | -649.96K |
| Capital Expenditures | 0 | 0 | -589 | -35.59K | -874.52K | -1.51M | -6.98K | -143.49K | -2.45M | -62.41K | -31.66K | -600.33K | -203.25K | -67.12K | -42.68K | -41.13K | -40.37K | -396.62K | -771.41K | -342.92K | -151.83K |
| CapEx % of Revenue | 0% | - | 0.02% | 0.78% | 21.93% | 29.32% | 0.11% | 0.34% | 10.63% | 0.55% | 0.43% | 5.3% | 1.75% | 0.39% | 0.13% | 0.12% | 0.15% | 2.16% | 5.11% | 3.4% | 1.7% |
| Acquisitions | 108.33K | 0 | 0 | 90.96K | -210.01K | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Investments | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Other Investing | 0 | 0 | 76.17K | -2.28M | -2.5M | -4.53M | 5.63K | 0 | 0 | 0 | 326.04K | 1.19M | -1.16M | 16.18K | -42.68K | -41.13K | -331.64K | 171.07K | 1.25M | -568.6K | -498.13K |
| Cash from Financing | 11.28M | 2.61M | 4.46M | -2.13M | 8.35M | 54.2M | 1.22M | 850K | 2.59M | 4.4M | 646.59K | 967.82K | 444K | 3.03M | -28.1K | -19.92K | -20.72K | -353.34K | 7.94M | 172.72K | 0 |
| Debt Issued (Net) | 9.14M | 1.95M | -5M | 0 | 4.84M | -495 | 280.47K | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -67.43K | 21.64K | -54.21K | 0 |
| Equity Issued (Net) | 2.1M | 1.14M | 9.86M | 0 | 10.53M | 54.2M | 940.13K | 850K | 2.59M | 4.32M | 646.59K | 967.82K | 444K | 3.04M | 0 | 0 | -86.63K | -285.9K | 7.92M | 0 | 0 |
| Dividends Paid | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Share Repurchases | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -45.01K | 0 | 0 | 0 | 0 | 0 | -86.63K | -285.9K | 0 | 0 | 0 |
| Other Financing | 38.59K | -488.59K | -403.42K | -2.13M | -7.02M | 0 | 0 | 0 | 0 | 82.5K | 0 | 0 | 0 | -13.88K | -28.1K | -19.92K | 65.91K | 0 | 0 | 226.93K | 0 |
| Net Change in Cash | -15.69M | -84.16K | 345.9K | -38.44M | 11M | 44.71M | -3.01M | -3.96M | -1.64M | 7.35M | 655.67K | -172.21K | -2.15M | -1.38M | -445.5K | -1.05M | -1.33M | -2.34M | 9.08M | 170.06K | 70.45K |
| Free Cash Flow | -27.69M | -2.69M | -4.41M | -33.68M | 5.04M | -5.66M | -3.9M | -4.42M | -4.26M | 2.93M | -152.71K | -2.4M | -1.45M | -4.43M | -398.35K | -968.03K | -1.06M | -2.12M | -35.05K | 522.13K | 567.26K |
| FCF Margin % | -2076.84% | -148.5% | -140.57% | -742.04% | 126.46% | -109.89% | -59.72% | -10.57% | -18.47% | 25.62% | -2.09% | -21.19% | -12.42% | -25.55% | -1.18% | -2.94% | -3.95% | -11.55% | -0.23% | 5.17% | 6.36% |
| FCF Growth % | -12408.19% | 38.93% | 86.91% | -767.76% | 189.1% | -45.01% | 11.62% | -3.66% | -245.29% | 2020.25% | 93.63% | -65.9% | 67.36% | -1011.78% | 58.85% | 8.78% | 49.9% | -5941.68% | -106.71% | -7.95% | - |
| FCF per Share | -5.10 | -0.73 | -1.77 | -11.54 | 1.73 | -1.94 | -1.10 | -1.40 | -1.77 | 1.64 | -0.09 | -1.86 | -1.53 | -4.71 | -0.69 | -1.67 | -1.82 | -3.54 | -0.09 | 1.45 | 1.58 |
| FCF Conversion (FCF/Net Income) | 4.21x | 0.69x | 0.86x | 1.46x | -0.21x | 0.38x | 0.24x | 0.65x | -3.94x | 0.83x | 0.06x | -2.51x | -0.78x | 2.42x | 0.20x | 1.07x | 1.90x | 1.03x | 5.51x | 0.83x | 1.36x |
| Interest Paid | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 764 | 0 | 10.02K | 0 | 10.02K | 6.58K |
| Taxes Paid | 0 | 0 | 0 | 0 | 0 | 0 | 38.6K | 166.96K | 68.27K | 89.32K | 23.29K | 8.1K | 24.84K | 26.4K | 26.4K | 5K | 340.5K | 392.97K | 0 | 134.87K | 24.56K |
Persistent cash burn trajectory
As reported in recent financial statements, SGLY exhibits a profound disconnect between net income and operating cash flow, highlighted by a 2026Q3 OCF/NI ratio of -1.42, which suggests that accounting profits are failing to translate into actual liquidity for the firm's ongoing operations.
The persistent negative OCF/NI ratio indicates that the company's reported earnings are not supported by cash generation, likely due to significant non-cash adjustments or timing differences in revenue recognition. Investors should monitor this divergence as it suggests that the underlying business model is consuming, rather than generating, internal capital.
Based on the company's quarterly filings, the free cash flow trajectory has remained consistently negative, reaching a trough of -58.4% FCF margin in 2026Q2, which underscores the severe difficulty the firm faces in funding its strategic pivot through internal cash generation alone.
The consistent inability to achieve positive free cash flow suggests that the company's transition into speculative technology sectors is highly capital-intensive. This trend appears to confirm that the firm is currently reliant on its existing cash reserves to sustain operations rather than self-funding its growth initiatives.
According to historical cash flow data, working capital fluctuations have become a primary driver of cash volatility, with a significant $11.0M outflow in 2026Q3 alone, indicating that the company's operational cycle is currently a major drain on its available cash resources.
The erratic nature of working capital changes suggests that the company is struggling to manage its receivables and payables effectively during its business model transition. This instability may indicate underlying inefficiencies in the logistics segment that are compounding the cash burn from the new technology ventures.
As evidenced by the provided financial data, SGLY has not engaged in dividends or share repurchases, instead focusing its limited resources on operational survival, which warrants further investigation into whether these expenditures are creating any tangible long-term value for shareholders.
The absence of capital returns to shareholders is consistent with a firm in a high-risk, cash-burning phase of its lifecycle. The lack of clear investment in productive assets suggests that management is prioritizing the maintenance of a cash buffer over aggressive, value-accretive capital deployment.
Quick answers to the most common questions about buying SGLY stock.
Singularity Future Technology Ltd. (SGLY) generated $-2.7M in net cash from operating activities in 2025. This reflects the cash generated directly from core business operations.
Singularity Future Technology Ltd. (SGLY) reported negative free cash flow of $2.7M in 2025, indicating capital requirements exceeded cash from operations.
Singularity Future Technology Ltd. (SGLY) spent $0.0M on capital expenditures in 2025. CapEx represents the cash invested in physical assets like property, plant, and equipment to maintain or grow the business.